A friend e-mailed me for some professional advice.“My goal is to pay off my mortgage as early as possible. I’m at the tail end. Do you feel it’s beneficial?”

I replied, “Accountants will tell you to keep paying interest so you'll have a deduction, most RE attorneys would tell you to pay off your current mortgage and then take out a line-of-credit on your equity 'just in case,' but I'm telling you as a friend that having no mortgage to pay is nirvana!"